Many people want to emigrate to the U.S. for its world-class education system, economic opportunities, and quality of life. The document discusses several benefits of living in the U.S. such as lower costs of living, higher education, healthcare, and real estate compared to other countries like China. It also outlines various visa programs that allow foreign nationals to obtain permanent residency in the U.S., such as family-sponsored visas, employment-sponsored visas, and the EB-5 investor visa program. The proposed Harbourside Place development in Jupiter, Florida is presented as an EB-5 investment opportunity that would create over 2,400 jobs.
Why the U.S.A. is a top destination for immigrants
1.
2. Why do so many people want to
emigrate to the U.S.A.?
• Access to the world’s best universities,
medical care, and social program at the
same cost paid by U.S. citizens
• Lower cost of living compared to many
other countries
• Freedom to establish your own business
• Opportunity to buy property and own a
home at prices much lower than in China
3. Worry-free Travel with a US Passport
Travel to countries around the world for business or pleasure is
easier when you hold a US Passport
4. Access to the worlds best Education
• The United States has many of the
world’s best Universities
• Tuition is lower for US Residents than
for Non-Residents
• Public education in the United States
is some of the best in the world
• Average Primary school classroom is
just 25 students
5. World University Rankings 2010
7 of the top 11 Universities in the world are located in
the United States
1. Harvard University (USA)
2. University of Cambridge (UK)
3. Yale University (USA)
4. University College London (UK)
5. Princeton University (USA)
6. Imperial College London (UK)
7. University of Oxford (UK)
8. University of Chicago (USA)
9. Massachusetts Institute of Tech (USA)
10. California Institute of Tech(USA)
11. Stanford University (USA)
6. Rate of inflation is much lower in the USA
compared to China
According to the World Bank in 2010 the rate of inflation
in China was 10.2% compared to just 2.8% in the USA
•Lower costs to purchase luxury cars
•Lower cost for University tuition
•Lower costs for luxury goods
• Lower costs to purchase Real Estate
•Lower costs for food and gasoline
source : Bloomberg economic report February 2011
7. Luxury items cost less in the U.S.A.
compare the cost of a Mercedes Benz
2011 Mercedes-Benz S-550 Sedan
2,153,000 RMB or $333,800 USD in China
compared to
595,200 RMB or $93,000 USD in the USA
8. CURRENT REAL ESTATE
• Real estate opportunity – 200 sqm real estate price comparison
•Los Angeles 2,304,000rmb
Shanghai 20,000,000rmb
• San Francisco 2,752,000rmb Beijing 12,000,000rmb
•Miami 1,760,000rmb Shenzhen 15,000,000rmb
•Chicago 1,632,000rmb
9. Current Real Estate Prices
Palm Beach County and Jupiter, Florida
US$207,900 for a 3 bed/2 bath, US$283,900 for a 3 bed/2 bath US$499,000 for a 5 bed/5 bath
1800 sq.ft. home (approx 150sqm) 3,000sq.ft. home (approx 330sqm) 4,800 sq.ft. home (approx 530sqm)
US$934,900 for a 5 bed/4 bath
5,000sq. ft. home (approx 560sqm
Source :
www.realtor.com
10. 美国签证类别 Immigrant Visa
移民签证 (Immigrant Visa) —希望永久性居住在美国
Intent to live permanently in the United States
(Lawful Permanent Resident)
非移民签证(Nonimmigrant)—须证明 “无移民企图”,
或 短暂性在美国停留
Non-immigrant burden of proof –―non-immigrant intent‖ or a
temporary stay in the U.S.
12. The EB-5 Visa Program
• Created in 1990 to encourage foreign investment in
the USA to create jobs and develop new business
• The fastest and easiest way to obtain permanent
residency in the United States
• Possible to receive approval in just a few months
• Provides permanent residency qualified investors
• Invest directly into eligible businesses, or they can
invest through a Regional Center.
13. Benefits of the EB-5 Visa Program
• One of the most flexible
immigration programs in the world
• Permanent residency in the United
States for you, your spouse and any
unmarried children under 21
• Can be eligible for U.S. citizenship
after 5 years
• No Sponsorship required
• Not required to speak English
• No minimum education
requirement
14. Benefits of the EB-5 Program
(continued)
•No business or management experience
requirement like with other countries
programs
•Not required to manage their investment
on a daily basis so you are free to pursue
other professional and personal ventures
•Not required to work while in the United
States, can be retired
•Allowed to live anywhere in the United
States, you do not need to live in the area
where the project is located
15. Are you qualified for the EB-5 Visa?
1) The investor is required to invest $1 million USD unless the
investment is made in a Targeted Employment Area (TEA). If the
investment is in a TEA, the investment amount will be lowered to
just $500,000 USD.
2) The EB-5 investment must be used by the project to create 10
full time U.S. based jobs. If the EB-5 investment is through a
Regional Center, the job creation requirement can utilize both direct
and indirect job creation to prove they have met this requirement.
3) The investor must demonstrate that the money they invest into
the EB-5 program is from legal sources (you must be able to show
where the money came from)
4) The EB-5 capital investment must be at risk
16. What qualifies as a T.E.A. or
Targeted Employment Area?
When a project is located in a T.E.A. the amount of the required
investment can be reduced to only US$500,000
T.E.A. is defined as either a ―rural area‖ or an area with a population
under 20,000 people
Regional Center can also qualify for T.E.A. status is if the project is
located in an ―area of high unemployment‖ which is an area with an
unemployment rate equal to 150% of the national average
This designation must be determined by a licensed economist and
approved and verified by the State Government.
17. What is a Regional Center?
• A Regional Center is a private corporation or a regional
governmental agency with an investment program located in a
defined geographic region
• The Regional Center must be approved by the United States
Citizens and Immigration Services (USCIS)
• If investment is made through a Regional Center, the jobs
requirement includes both direct and indirect jobs, and the
approval of your visa can be much faster
• There are 10,000 green cards available each year through the
EB-5 Visa and at least 3,000 are set aside for the Regional
Center designation
19. Form I-526 Petition Final Actions and Final Action
Percentages for FY05 – FY10 & FY11 Q1
Fiscal Year Form I-526 Final Action Form I-526 Final Action
and/or Approvals % Denials %
Quarter
FY11 Q1 190 77% 56 28%
FY10 1369 89% 165 11%
FY09 1262 86% 207 14%
FY08 640 84% 120 16%
FY07 473 76% 148 24%
FY06 336 73% 124 27%
FY05 179 53% 156 47%
19
19
20. Form I-829 Petition Final Actions and Final Action
Percentages for FY05 – FY10 & FY11 Q1
Fiscal Year Form I-829 Final Action Form I-829 Final Action
and/or Approvals % Denials %
Quarter
FY11 Q1 39 75% 13 25%
FY10 274 83% 56 17%
FY09 347 86% 56 14%
FY08 159 70% 68 30%
FY07 111 69% 49 31%
FY06 106 64% 59 36%
FY05 184 62% 112 38%
20
20
21. Invest $500,000 or $100,000,000
File the I-526 application to USCIS
Approved
Interviewed in the Consulate
Change of status in the U.S.
from the home country
Approved
Obtain the conditional green card
File I-829 application in 2 years
Obtain U.S. permanent residency
Apply for U.S. citizenship in 3 years
22. The Florida Regional Center
•Fully approved USCIS EB-5 Regional Center
•Located in a TEA (Targeted Employment Area)
•Approved I-526 Exemplar Application
•Using RIMS II econometric model creating more than 2,400
full time jobs (50% more jobs than required for removal of
conditions)
•All documents authenticated and verified by the Chinese
Consulate
•Fully endorsed and supported by US Congressman Ron Klein
and Congresswoman Debbie Wasserman-Schultz
•True partnership with local government
25. Project located in an Approved
Targeted Employment Area (T.E.A)
T.E.A. Designation
reduces required
investment amount
to $500,000 USD
Authenticated by
both the
State of Florida
and the
Chinese Consulate
26. Fully endorsed by members of the United States
Congress and the Town of Jupiter, Florida
27. Florida is located in the southeast United States
Known for beautiful beaches and a climate very similar to Hainan
Florida is called the “Sunshine State”
28. The Florida Regional Center located in
Palm Beach County
• “With its affluent towns, including Palm
Beach, Jupiter, Manalapan and Boca
Raton and golfing paradise Palm Beach
Gardens—Palm Beach County is Florida’s
wealthiest county” – Sky Magazine Jan 2011
• Home of some of the World’s Most
Famous Golfers, Actors and Musicians.
Such as Tiger Woods, Jack Nicklaus, Greg
Norman, Andy Roddick and Celine Dion
just to name a few
29. 1,300,000
Permanent
Residents Live in
Palm Beach County
31. Palm Beach
County and the
Town of Jupiter
are the new World
Headquarters of
Scripps Bio-Tech
Research – the
largest Bio Tech
Company in the
World
32. World Famous Celebrities who live, work and play in
Jupiter, Florida and Palm Beach County
Tiger Woods, Y.E. Yang, Jack Nicklaus, Andy Roddick & Celine Dion to name just a few
35. Atlantic
Ocean
Intracoastal
Waterway
US
Federal
Highway 1
36. About the Jupiter CRA
“I am enthusiastic about the potential positive
financial impact that Harbourside Place will
have on the Town of Jupiter. The project should
become a centralized place where our residents
and visitors may go to enjoy the Intracoastal and
all the beauty that our inland waterways offer to
our community.”
-Michael Villella, Finance Director,
Town of Jupiter
• The CRA will contribute $350,000 of tax
revenues per year to the project for the
duration of 15 years; totaling $5,250,000.
• Key component of the Town’s economy
• Vibrant mixed-use city center on the
Intracoastal waterway in Jupiter, FL
37. The Final Phase to the 7 year
development of the Jupiter Riverwalk
Various projects of the Riverwalk that
have already been completed
38. The Jupiter Riverwalk
A 7 year Development in the Making
More than $515,000,000 of Completed Construction and Development
39. Jupiter – Harbourside Place
The Final Phase of the Jupiter Riverwalk
Development Project
Construction of the 300,000SqFt Final Phase
of the Town of Jupiter Riverwalk Complex
4 Star Full Service Westin Hotel consisting
of 178 Guest Rooms Banquet Space,
Ballrooms, Business Meeting Rooms and an
Elevated Roof-top Pool Deck.
State of the Art Amphitheater
40 Boat Slip Marina
929 Car Parking Garage
7 Restaurants
65,000 SqFt of Retail Space
Government Offices, Police Sub-Station and
Fire Substations
40. Features a 178 Room Westin Hotel
Project to feature a 178 room Westin
Hotel and Conference Center
41. Harbourside Place Entitlements:
• 300,000 sq-ft mixed use town center
• Overall Totals:
Restaurant: 34,855 sf.
Retail: 55,256 sf.
Office: 58,791 sf.
Hotel: 178 keys.
Cultural use: 2,500 sf.
Marina: 31 Slips
22 Leased & 9 Public Transient
Parking: 929 spaces.
Amphitheatre: 20,000 sf.
• 178 Room Westin Hotel & Resort with ballroom
and ample meeting rooms and conference space.
42. Proposed Tenants of
Harbourside Place
The Bistro •Morton’s Steakhouse
Kilwin’s Ice Cream Christine’s Salon and
and Fudge Spa Services
•Law Office of Jeff •Cool-A-Fish Bar
Happ •Tipsy Salon, Spa and
•Engel & Voelkers Lounge
•Brewzzi Floridian
•Rocco’s Tacos Community Bank
•Pei Wei or P.F. Changs Kona Grill
Guy Harvey’s Island •Massage Envy
Grill with a Gallery •Benihana’s
and Retail Store Smoke Inn
•Nick and Johnnie’s •Studio Movie Grill
•RBC Bank Corner’s Restaurant
•Chima Steakhouse •Radiance MedSpa
Blue Martini Coastal Day Spa
Scuba Works •Gazebo Café
Barber Shop House of Blues
HMY Yachts •Pizza Kitchen
•Border’s •Portobello’s
•Outback Steakhouse •Ruth’s Chris
•Gilded Spa Too Bizarre
Signed LOI
Currently in Discussion
• Contacted Harbourside expressing interest
46. One of the most experienced
construction contractors in the USA
47. www.mosscm.com
The Mint & Ivy
Florida Marlins Baseball Stadium Miami, FL
Miami, Florida
Emerald Grande Harbour Village City Place Tower
Destin, Florida Destin, Florida West Palm Beach, FL
48. Construction Completion Guarantee
Surety Bond / Insurance policy provides up to $750 Million USD of
coverage for the General Contractor from an A+ rated insurance company
This provides full coverage to assure that construction will be completed
49. FosterQuan – Fast Facts
One of the largest immigration law firms in the U.S.
Largest Texas-based immigration law firm
All Houston partners ranked as Superlawyers
More board-certified attorneys in immigration and nationality
law than any other Texas firm
Ranked as Band One in Texas by Chambers USA
More lawyers ranked as leaders in immigration law by
Chambers USA, more than any other firm in Texas
Best Lawyers in America
U.S. News – Best Lawyers “Best Law Firms”
Language capabilities in over 30 languages, everything from
fluent Chinese to Belorussian.
FosterQuan was formed by the merger of Tindall & Foster and
Quan, Burdette & Perez, founded in 1973 and 1980,
respectively
50. Final Phase : Project Development Cost
$144 Million USD
$22 million $37 million
EB-5 Investment Funding $80,000,000
Project Equity $64,000,000
No Bank Debt on the Project
$80 million
51. Certified Value of Completed Project
Completed Value of Project is
estimated at $170 Million USD
(approx 1,091,400,000 RMB)
Value is 213% higher than the
EB-5 Investors Loan
No Bank Debt on the project
EB-5 Investors have significant
equity protection in case of
default
Valued by State Licensed
Appraiser with Authentication
and Verification of the Chinese
Consulate
52. State of Florida Town of Jupiter
Town of Jupiter Community Redevelopment Agency
(CRA)
THIS PROJECT INCLUDES SIGNIFICANT GOVERNMENT FUNDING
• $22 million from the Northern Riverwalk Community Development District
• $1.685 million grant from the State of Florida Inland Navigation District
• $5.25 million of tax incremental financing from Community Redevelopment Agency
“I believe that from an economic standpoint, the 2,400 new permanent jobs created will bring
unprecedented economic growth to the region. Harbourside Place will not only attract new tourists and
residents, but also a variety of businesses and their conventions.”
--Florida Congressman Ron Klein
53. All Government funding has been
approved and authorized
Tax Incremental Financing
$22 Million USD in State of Florida
T.I.F.F. Money from
Community Development Inland Navigation District
Community
District Bonds Grant Money
Redevelopment Agency
54. Significant Job Creation
• Project estimated to create more than 2,400 jobs
• 50% more jobs than required for removal of conditions
• The economic methodology used to determine jobs is the RIMS II model.
Widely used model that has been approved by USCIS as an acceptable
economic methodology to determine job creation.
55. Job Creation Summary
Verified and approved by
USCIS to create more
than 2,400 jobs which is
800 more jobs than
needed
Approved under the RIMS
II econometric model (the
preferred program of
USCIS)
56. Key Investment Terms:
• Investment of US$540,000
US $500,000 Capital Investment
US $40,000 Administrative Fee
• Loan from EB-5 Investors matures in 5 years
•2% interest paid to investors each year (distributed in
quarterly payments)
•Funds held in protected escrow account with Citibank
Financial until I-526 application is approved
•If the I-526 application is denied then 100% of all
money is returned to the investor
Construction Start Date Scheduled for July 1, 2011
57. Key Project Facts
•Harbouside Place is the Final Phase of the
Jupiter Riverwalk Development Project
•$144 Million USD Development Costs
•No Bank Debt
•$29.5 Million USD of Government Funding
•$35 Million USD of Developer Cash and Equity
•Project is Key Component of the Town of
Jupiter Long Term Plan for Job Creation
•Project Creates 2,400 Jobs (50% more than
required for Green Card to become permanent)